Neste Oyj (OTCMKTS:NTOIY) Shares Pass Below 50 Day Moving Average – What’s Next?

Neste Oyj (OTCMKTS:NTOIY) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $5.43 and traded as low as $4.65. Neste Oyj shares last traded at $4.76, with a volume of 156,536 shares changing hands.

Neste Oyj Trading Down 1.3 %

The firm has a 50-day simple moving average of $5.39 and a two-hundred day simple moving average of $6.84.

Neste Oyj Cuts Dividend

The firm also recently declared a dividend, which will be paid on Thursday, April 17th. Investors of record on Thursday, March 27th will be paid a $0.1049 dividend. The ex-dividend date is Thursday, March 27th. Neste Oyj’s dividend payout ratio (DPR) is presently 45.88%.

Neste Oyj Company Profile

Neste Oyj provides renewable diesel and sustainable aviation fuel in Finland, and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, sustainable aviation fuel, renewable solvents, and feedstock for bioplastics to wholesale markets.